Metorex expects no earnings surprise
Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.
Copper recovery to boost Zambia
Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.
Demand solid for Hulamin after decent H1
Hulamin, which produces aluminium products, said the outlook was promising after posting solid first half results.
Chrometco s/holders to vote on Rooderand sale
Chrometco, the exploration and development company, says it will ask its shareholders to
vote on the sale of its Rooderand to DCM Chrome for R62m.
Highveld Q2 hot metal output jumps
Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1%
increase in year-on-year production in the second quarter of 2010.
Palabora production takes a dip
Copper mining company Palabora Mining, which operates South Africa's largest copper mine, has reported a 24% fall in first half copper concentrate production.
Copper output at Lumwana rises 59pct
Copper production at Equinox Minerals' Lumwana mine in Zambia, Africa's largest copper producer, rose 59% in the first half of 2010 due to improved efficiency, the company says.
Highveld confirms name change to Evraz Highveld
Highveld Steel and Vanadium, South Africa's second-largest steel producer, on Friday said it would trade under its new name Evraz Highveld Steel and Vanadium (EHS) from Monday July 19.
Metorex declares Lubembe resources estimate
Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.
First Quantum ‘shaken down’ in DRC
UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.